What’s in Casella Waste Systems Inc – Class A (NASDAQ:CWST) After Rise in Shorted Shares?

May 24, 2018 - By Jacob Falcon

Casella Waste Systems, Inc. (NASDAQ:CWST) Logo

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.12, from 0.98 in 2017Q3. It improved, as 18 investors sold Casella Waste Systems, Inc. shares while 40 reduced holdings. 29 funds opened positions while 35 raised stakes. 31.20 million shares or 3.84% less from 32.45 million shares in 2017Q3 were reported.
Brant Point Inv Mngmt Ltd Liability holds 188,168 shares or 0.44% of its portfolio. 9,800 were accumulated by Legal And General Gp Public Llc. Walleye Trading Ltd Liability Co invested 0% in Casella Waste Systems, Inc. (NASDAQ:CWST). 528 are owned by Northwestern Mutual Wealth Mgmt. Parallax Volatility Advisers L P holds 6,090 shares. Panagora Asset Management owns 29,800 shares for 0% of their portfolio. Federated Investors Pa holds 0% in Casella Waste Systems, Inc. (NASDAQ:CWST) or 850 shares. Dubuque National Bank & Tru invested 0% of its portfolio in Casella Waste Systems, Inc. (NASDAQ:CWST). Skylands Capital Llc holds 2.26% or 763,200 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 4,740 shares or 0% of their US portfolio. 111,260 are held by Alliancebernstein L P. Thompson Davis & Incorporated has 6,250 shares. Fny Managed Accounts Ltd reported 0% stake. California Pub Employees Retirement Sys holds 0% or 122,534 shares. Los Angeles Management And Equity Rech, a California-based fund reported 46,238 shares.

Since December 12, 2017, it had 0 insider purchases, and 19 insider sales for $6.18 million activity. $279,344 worth of stock was sold by Coletta Edmond on Tuesday, February 27. $2.08 million worth of Casella Waste Systems, Inc. (NASDAQ:CWST) shares were sold by Johnson Edwin D. Another trade for 5,000 shares valued at $118,450 was made by Nagle Emily K on Monday, March 12. 3,429 shares valued at $83,449 were sold by CASELLA DOUGLAS R on Friday, March 2. $100,104 worth of stock was sold by PETERS GREGORY B on Thursday, March 15. Heald Christopher sold $76,433 worth of stock.

The stock of Casella Waste Systems Inc – Class A (NASDAQ:CWST) registered an increase of 5.85% in short interest. CWST’s total short interest was 486,400 shares in May as published by FINRA. Its up 5.85% from 459,500 shares, reported previously. With 152,800 shares average volume, it will take short sellers 3 days to cover their CWST’s short positions. The short interest to Casella Waste Systems Inc – Class A’s float is 1.36%.

The stock decreased 0.29% or $0.07 during the last trading session, reaching $23.88. About 22,204 shares traded. Casella Waste Systems, Inc. (NASDAQ:CWST) has risen 69.52% since May 24, 2017 and is uptrending. It has outperformed by 57.97% the S&P500.

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically-integrated solid waste services firm in the northeastern United States. The company has market cap of $1.02 billion. The firm operates through Eastern Region, Western Region, Recycling, and Other divisions. It currently has negative earnings. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, and industrial customers.

Casella Waste Systems, Inc. (NASDAQ:CWST) Ratings Coverage

Among 2 analysts covering Casella Waste (NASDAQ:CWST), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Casella Waste had 3 analyst reports since January 4, 2018 according to SRatingsIntel. The stock of Casella Waste Systems, Inc. (NASDAQ:CWST) earned “Hold” rating by Stifel Nicolaus on Thursday, January 4. The stock of Casella Waste Systems, Inc. (NASDAQ:CWST) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 24.

More important recent Casella Waste Systems, Inc. (NASDAQ:CWST) news were published by: Nasdaq.com which released: “Casella Waste Systems, Inc. Announces Closing of $550 Million Credit Facility” on May 14, 2018, also Seekingalpha.com published article titled: “Comparing Labor In The Waste Industry, Part 2: Why Republic Services Is The Undisputed Labor King”, Seekingalpha.com published: “Casella Waste Systems’ (CWST) CEO John Casella on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018. More interesting news about Casella Waste Systems, Inc. (NASDAQ:CWST) was released by: Seekingalpha.com and their article: “Keeping Up With Casella: Q1-18” with publication date: May 08, 2018.

Casella Waste Systems, Inc. (NASDAQ:CWST) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.